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, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." uff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ ding! ] losing your chex mix too easily? time to deploy the boring-potato chip decoy bag. then no one will want to steal the deliciousness. [ male announcer ] with a variety of tastes and textures, only chex mix is a bag of interesting. [ male announcer ] with a variety of tastes and textures, why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists
with tip o'neill. show the leadership to get in the room and make the changes. same as bill clinton did with newt gingrich. get in the room and make the changes that are needed to make this. look, we faced bigger problems before, and we have been able to overcome them. i believe we can do this one more time. >> senator, the politics of this are also quite interesting and also part of the calculation. the treasury secretary saying, sure, absolutely, the president will go over the cliff if that's what it takes. when push comes to shove, you really think that's the white house position? they want to risk recession as well just to drive home the point about raising taxes? >> the president wants to solve the problem. that's what he said during the campaign. that's what he is saying now. we cannot lurch as we have for the past two years from one crisis to another. think of all the times that sea party republicans and speaker boehner threatened to shut down the economy, shut down the government over the debt ceiling. if we're going to have the certainty for businesses to invest, for workers to
conversations about race. >>> plus, hillary clinton in 2016, this is pretty amazing, some stunning numbers about the groundwork. >>> and american internet mogul john mcafee on the run after his neighbor is found murdered. authorities are searching for him. our martin savidge went on the hunt, tracked him down, he's out front. ♪ [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. [ female announcer ] live the regular life. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally
. plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." e emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. get to holiday fun faster energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. why they
in the '90s with billi bill clinton. listen to what he says about the fiscal cliff? >> i think no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two. the president has staked out a position of nonseriousness, i think it's difficult for the house republicans right now to find any practical way to get his attention. >> he's saying go over the cliff rather than accept what the president wants right now. >> i don't need to remind you this is the house speaker who shut down the government and that didn't work so well for the republicans. going over the cliff is something i don't think they want to do earlier. as i keep saying, wolf. the irony to me here is that the larger issues are things they really understand how to resolve, if you look at all their proposals. they just can't get there, because they can't agree on this revenue issue. where does the revenue come from. do you raise the rates on the wealthy? if you do, how much? and that's actually in the whole realm of things a sticking point that one would presume
clinton had in his taxes. if we don't do that, the problem is pressure is on spending even more. i think we need to make the defense cuts. we want to minimize human services cuts. the best way to do that is go back to clinton era taxes. i actually have mixed feelings about striking a deal where the rich folks pay more taxes. i think they should pay more taxes, but i actually think going off clithe cliff is a bet solution than just charging people who make a lot of money what they were paying when bill clinton was president. >> the clinton tax rates worked well, and when you look at where we really are today, although the democrats are playing really tough on these top tax rates, they have conceded about 75% of the tax debate to republicans by agreeing with them on all of the otherç rates. >> that is true, aalthough there is a matter of timing. you know, i think part of what you have to look at here is it's really hrepublicans who force this conversation about having deficit reduction right now. we shouldn't have deficit reduction right now. we should focus on jobs and employment and co
think it's important that we have a seat at the table. >> flash point serious, secretary clinton in brussels where nato leaders are sending patriot anti-defense missiles to turkey and warning syria of any thought of using chemical weapons. prince william leaves the hospital after visiting kate. she remains hospitalized for severe morning sickness. good day. i'm amount li-- andrea mitchell live in washington. the senate has managed to vote on something, rejected a u.n. treaty to extend rights to the blind and disabled, rights that have been the law of the land here in the united states since 1990. despite an emotional appearance from bob dole just out of walter reed, 89 years old, a passionate advocate for equal rights for the disabled since his first speech on the senate floor in 1969. joining me for our daily fix, kra, managing editor of post politics.com and capitol hill correspondents, nbc's kelly o'donnell and luke russert. kelly, to you, because this vote in the senate, john kerry led the way, it was bipartisan, in support. they needed 6 votes. it's a treaty, two-thirds of t
hillary clinton bids farewell and voices a warning about securing syria's chemical weapons. >> our concerns that an increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. >> and road to 2016, congressman paul ryan and senator marco rubio drop big hints at last night's dinner honoring jack kemp. >> you know any good diners in new hampshire or iowa, right? >> paul, thank you for your invitation for lunch in iowa and new hampshire, but i will not stand by and watch the people of south carolina ignored. ♪ >> and take five, to remember one of the greatest innovators jazz has known, composure dave brubeck, died a day short of his 92nd birthday. ♪ >> good day. i'm andrea mitchell live in washington. we begin with the fallout from a senate vote that seemed to underscore everything that is wrong with capitol hill. the senate's rejection of an international treaty to guarantee equal rights for people with disabilities based on what has been american law since the first bush presidency
." >> not reaching out aggressively enough like bill clinton, lbj, ronald reagan did. and also it was critical the first four years about him not reaching out enough to the business community. he didn't understand the business community, according to ceos who supported him for four years. but steve rattner, he's made a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea that revenues have to go up,
forgets that president clinton raised taxes on the wealthy and created 22 million jobs. president bush cut taxes on the wealthy and created 1 million jobs. so his economic expertise is a little behind here. but the truth of the matter is, everybody voted in this election, the president said he would raise taxes on people earning over $250,000. that's what he's going to do. that's what's going to happen. he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority than in a democracy than people who talk about elections. >> ryan, that does seem to be the point. republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's certainly true you have a large number of americans, 60%, according to a "washington post" abc news poll who favor raising taxes on folks earning more than $250,000 a year. but there are a couple other things to keep in mind, as well. president obama often talks about returning to clinton era tax rates.
president clinton to bend to their will or at least so he said on piers morgan last night when he said "we earned president clinton's respect by closing the government twice and being very rough and tumble. we showed we actually were willing to take the heat." mr. wistful himself. newt gingrich. then moving on to the fifth stage of grief. we finally reach the last one which is acceptance. the acknowledgement that i can't fight it. i might as well prepare for it. and, in fact, we're seeing signs that some of the more evolved republicans have reached that stage. a few dozen republicans have actually joined a bipartisan call to find a compromise. they signed a letter calling for the exploration of all options on taxes and entitlement programs. and today, one of them, kay granger of texas said that a demand to raise rates on top earners is, and this is her quote "just the right thing to do." representative mike simpson of idaho told bloomberg news "it's pretty obvious that obama won the election and he promised he was goin
this because you remember, we went through this with newt. you know, bill clinton would push newt only so far, and then the conservatives in the caucus like myself and matt salmon, steve largent and others would say we're not doing a deal. we will take this place down. we're not doing a deal. and then newt would call bill clinton up and say, you're pushing me too far. you've got to work with me here. the same thing's happening right now with boehner. >> with boehner. >> the republican -- and when you start stripping people of committee -- committee seats, war breaks out and it gets really -- it happened with us. it's about to happen here. he's got to realize that boehner is his partner. >> it feels like we're at a really critical moment here with respect to boehner. and he can choose one of two paths. he could choose the recalcitrant path, which is perfectly possible, or he can say to himself, okay, i need to build a coalition for the purposes of this fiscal cliff deal. that includes house democrats. and how do i go about doing that without totally alienating the base of my party? and i'm ver
the federal budget deficit. he knows something about something. he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy. more jobs and growth will help the deficit. recall the '90s when the clinton administration balanced the budget because of faster job growth than anybody expected bringing in more tax revenues than anyone had forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is
to axiron.com. >>> tonight, we have new evidence that secretary of state hillary clinton is running for president. politicser reveal that she sent hand signed notes with supportive words and encouragement to democrats who narrowly lost their congressional races. in one note, secretary clinton wrote, we will continue needing your voice in the public square in the years to come. in the words of eleanor roosevelt, the future belongs to those who believe in the beauty of their dreams. onward! onward indeed. president obama's pick to chair the democratic party for the next four years, representative debby wasserman schultz, said this about secretary clinton today on andrea mitchell reports. >> she is an incredible leader who has a tremendous future as a leader of the united states of america. i'm sure that she'll be pressed into service. and knowing secretary clinton, i'm sure she doesn't plan to rest very long. >> and the race for the 2016 republican presidential nomination, moments ago, congressman paul ryan spoke at the jack kemp foundation dinner where senator rubio was receiving a l
be -- if you raise the rates up to the clinton levels for the top two percent you make 82 billion a year. that is not enough to close the gap . washington post on the editorial page. we looked at what the president suggested and republicans suggested it is nice that they are starting to talk. but the numbers have to be a lot bigger . you need real tax reform. >> gretchen: he won the election with that argument. >> steve: republicans won the congress with their argument that they didn't want to raise the rates. >> brian: if you want to know what the president things. you can go flip channels and find out about the briefing and the president's stance on taxes and goal with the economy and maybe what he will say in the inauguration. look who was invited to the white house >> chris: who was left to run msnbc. >> happy and ed and arihanna huffington. i don't know if the white house released the fact. but someone from the blog sites saw it. and so wait a minute what is going on. yeah, we were invited for not a strategy but just to explain. >> gretchen: i don't know why anybody. >> brian: five
are not willing to let rates go back up and we think they should go back to the clinton levels, the time when the american economy was doing exceptionally well, there will not be an agreement. >> you would be willing to let that happen? >> let me explain why. if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then that's a choice they're going to have to make, but they'll own the responsibility. >> but it is kind of a choice the country will have to pay for, correct? is there some pontiac for you all. you would let that happen. fine, you don't want new tax rates. we're out of this. >> what we're trying to do is to get them to come together and join us and doing something that's good for the american economy, and we recognize that's going to require spending savings, not just revenue increases on the top wealthiest 2% of americans. >> and you propose the spending side. you like to see what they want? proposals on both sides. if they want to go beyond that, they should tell us what they like to do. if they want
clinton's economic team, people like bob rubin and larry podesta, have put their name to a plan that calls for $200 billion more in tax revenue than even the president is asking. for more now we have with us william cohen in new york, a columnist for the bloomberg view, and clarence page, a columnist for "the chicago tribune." welcome to both of you. clarence, one thing this makes plain is democrats are feeling confident in a fiscal cliff win. why not ask for more? >> well, they're certainly asking for more than president obama is asking, and that is the point here. they feel that the policies of the clinton era that gave us the prosperity that we saw back then would be good to impose now. they are really calling for a different kind of arrangement pushing for a simplification of the tax code that would include taxes on cigarettes and alcoholic beverages which would cross income lines, those kind of consumer taxes hit lower income tax people -- taxpayers as well as upper, and they want to get rid of the amt, that automatic tax that's designed to make sure that older -- rather, the higher i
partner at hamilton place strategies kiki mclean, senior adviser to the 2008 hillary clinton presidential campaign. good morning. >> good morning. >> tony, do republicans sit back and wish governor sununu would quit talking? >> not only is it offensive to a large part of the lack trat, it happens to be wrong. republicans did very well and in fact governor romney did very well among lower income voters. so it's wrong but we shouldn't be talking that way. we should be talking about all americans and economic opportunity for all americans and trying to achieve that. that's the important thing. >> governor sununu of course has made controversial comments before. let me play for you what he said about president obama after the first presidential debate back in october. >> what people saw last night i think was a president that revealed his incompetence, how lazy and detached he is and how he has absolutely no idea how serious the economic problems of the country are. >> john sununu also suggested race was a motivating factor for colin powell to support president obama for president. is there r
your tax system is. and it's pretty low now. you know compare it to the clinton era rates, which is kind of all we're talking about, right? going back to the clinton era rate of 39% -- >> is it about fairness? or is it about lessening the deficit? because it doesn't really do a whole lot for the debt or deficit over ten years. >> well, it's about fairness, but it's also about what are the better options? given that the wealthy are really skating by these days. and so how do you collect more revenue from them? and all the various ideas about, well, you cap this deduction, and cap that deduction. there are not only political constituencies that will fight tooth and claw on every deducti deduction, there are some reasons, fairly good reasons why you would want to think twice. you know, are you going to go after home mortgage deduction at a time when the housing industry is trying to get its feet? are you going to go after the exemption on taxation for health insurance? i mean, that's the biggest one, actually. that's like $250 billion a year. but i don't think anybody wants to dive
of to clinton era tax rates and the reagan tax rates -- why don't we just go back to the old way of doing things -- >> stephanie: exactly. >> caller: because the rich -- we had billionaires with all of those taxes -- >> stephanie: that's right. absolutely. charlie cristenson said that this morning. the fact that there is all this hysteria over oh no we might have to go to the low 30s percent range. [ screaming ] [♪ "world news tonight" theme ♪] >> stephanie: all right. chris there is a lot of discussion tab who is flabbergasting who? >> yeah. >> stephanie: republicans are working to quiet rumblings, and may have a newly reported doomsday plan. give a little keep a lot. avoid blame for the fiscal cliff. good luck. the bill would go to the floor, the republicans would vote present, allowing democratic votes to carry it to passage, the bill would be send to the white house and then put into law. obama has been unequivocal over the fact that the top earners tax rate must return to the clinton era. he can introduce a tax plan that will accomplish all of his revenue
call the launch successful whatever happens. secretary of state hillary clinton is in europe this week at a meeting in nato in brussels. her message is pretty clear. it wants north korea to stop this. if this missile works, bill, the range could be over 6,000 miles. that would put whatever it is launching in the payload in the range of los angeles. bill: greg palkot, watching that out of london. six minutes past. >> this is not north korea's first attempt at this. since 1998 the country has conducted four long-range missile tests. all of them failed out over the ocean. in that time u.s. sources estimate that north korea has developed over 800 medium-range missiles. a number of short-range missiles as well including antiship cruise missiles. bill: president obama will sit down with the nation's top ceos in washington today for new talks on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that
to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly that shape. >> when you talked about limiting the deductions there have been proposals from governor romney during the presidential campaign, and from other republicans, when you talk about those limitations on deductions, do you include the charitable deduction and the home mortgage deduction? >> i think you're right to point out the essential problem in this, which is, if you try to limit deductions with a $25,000 cap, what you do is you end up hitting millions and millions -- actually 17 million americans -- a huge part of the revenue comes from that basic fact, which we're not prepared to do -- it complete
the day, he went to saint andrews and played golf with bill clinton and terri mccall mccalliffe. peters that was a little bit more of a high-profile sunday than i had. >> bill: al good return. >> ron kirk, the u.s. trade ambassador. >> bill: a frequent golf partner with the president. >> we are learning more about what mitt romney has been up to including having a non-home-cooked thanksgiving dinner. he ordered in from boston market for the family saying there were too many kids running around to be cooking. >> peter: how the mighty have fallen. >> photographed pumping his gas since he has no entourage to the pump it for him. >> a sad story, nothing to do. >> peter: i don't feel that bad about it. hanging out with his car elevator taking rides. spiritists one of his many homes. >> the author of the hunger games trilogy is taking a break by writing a children's picture book an auto guy graphic piece about coping with her father's military service in vietnam as told through pictures. >> bill: all right, dan, thank you. all of the talk on the sunday s
hillary clinton is in belgium this morning, discussing security issues, including the worsening situation in syria. margaret brennan is at the nato headquarters in brussels. >> reporter: hillary clinton just finished her last nato meeting as secretary of state. military alliance decided not to intervene in syria to stop the killing that has taken the lives of nearly 40,000 people. they are sending patriot missiles to turkey, to create a shield to protect against potential chemical weapons attack. >> we've made our views absolutely clear to the syrians, to the international community through various channels, public, private, direct, indirect that this is a situation that the entire international community is united on. >> reporter: secretary clinton said the missile shield will only be used for defensive purposes. nato did not discuss a no fly zone or safe haven to protect syrians. for "cbs this morning," margaret brennan, nato headquarters, brussels. >>> in an interview on tuesday, i asked former defense secretary robert gates about the worsening situation in syria and the possibility of
circumstances. >> cenk: it is tough. all i can say that benjamin met yahoo was in the hillary clinton video. maybe he's waiting for 2016. thank you for your time tonight. >> thank you eliot. >> e [ ♪ theme ♪ ] >> bill: hey, good morning everybody. what do you say? it is tuesday, december 4. so good to see you today. welcome to the "full court press" here on current tv. your new progressive morning show. the only progressive morning show anywhere on cable television in this country. good to have you with us this morning. we will tell you -- bring you up to date on all of the latest news of the day and take your calls at 1-866-55-press. and word is out this morning that roger ails told david petraeus when he was still in iraq that he should quit and run for president of the united states against barack obama and if he did so, roger ails said he would quit fox news and run his campaign. how about it. don't tell me fox news is not the broadcast arm of the republican party. that proves it! all right. we'll get into that and a w
boehner lashes out over his budget plan. >>> hillary clinton is the lead candidate for 2016, a new poll shows. she keeps saying no, no, no. but will she heed the call? >> yes, yes, yes, yes, yes. >>> new details on the murde murder/suicide involving kansas city chief jovan belcher. what the 911 calls reveal about the slaying of his girlfriend. >>> what you should absolutely stay away from. >>> packed show for you this morning. jeb henserling is joining us. american federation of teachers and our guest as well is randi weingarten. "starting point" begins right now. >>> morning. welcome, everybody. our "starting point" this morning, president obama says he will not bend in this fiscal cliff debate. americans face the prospect of severe tax hikes, spending cuts if republicans and democrats can't get together to work out some deal. congress breaks for the holidays in ten days. if they don't extend that, it will be ten days from then that we fall off the fiscal cliff. >> if we're going to be serious about reducing our deficit while still being able to invest in things like education and rese
on the people $250,000 and up to what they were under bill clinton. 600,000 new businesses were started, god forbid that should happen again. but the groundhog day element of this stephanie, is this. last year at this time, the president wanted to extent the payroll tax cut. the republicans stamped their feet and wanted tax cut for the wealthy. and the president stood his ground and they undid this by unanimous consent right before christmas. that's what is going to happen this time. >> stephanie: again, they say the president is not being clear. >> obama: just to be clear, i'm not going to sign any package that presents rates going up for folks at the top 2%. >> he wasn't clear enough. he didn't say which country. [ laughter ] >> he has to be much more precise. >> stephanie: jay carney excooed it again. >> a deal by republicans that rates on the top 2% the wealthiest americans, have to rise. there is no deal without that acknowledgment, and without a concrete mathematically sound proposal. >> stephanie: oh my god, i'm reading the chyron right now. the white house has on
representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average american family has taken a terrific hit. the median household income for years ago when the president became the president was around $54,000 a year and is about 50 now. so this portion of the population which is gotten squeezed tremendously i don't think adding an extra tax at the 98 percent is going to, number one, be very helpful to the more helpful to the economic growth. number two it's how much you want the folks to pay? so again, freezing those tax rates with an overwhelming majority of americans is a smart thing to do, we ought to do it and both sides say they want to. >> host: and you said earlier on -- >> gue
. >> mark zandi said returning to clinton-era tax rates would hurt the economy but is necessary to get the deficit under control. his comments came at a forum and also bush administration lawrence lindsay and clinton white house chief of staff. >> thank you so much and thank you chairman bachus for turning us and turn it over to peter cook who will moderate our tax panel on tax reform. >> i got a feeling you have to head back to the hill. we hope to come up with some answers and ideas from this panel. we have -- we'll write them down. i'll hand them to your staffer. you hear the mission. we have to come up with some ideas that can pass congress and meet with everyone's approval, so no small task. there are some new faces at the table and again, we want to welcome all of you and go around the table and introduce at least our new faces. we have got the brookings institution who has done a lot on fiscal issues. we have the lindsay group, former economic adviser to president bush. welcome. we have the chairman for the center of american progress. former chief of staff of bill clinton. john
brought back to where they were under clinton. that's the catalyst that has to be brought home to republicans. they can make the deal whenever but they best make it now. if they make it late there will be hell to pay for all of us, including them. the people running the government. the politicians. good politicians don't take their countries off of cliffs. that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>> thanks, chris. and thanks to you for tuning in. i'm live from washington, d.c. tonight's lead, the end of an era. for more than 20 years republicans have calmed to the one policy that's crippled our ability to get things done in washington. do you remember this? >> read my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long and bitter battle over the budget officially ended last night. president bush put his signature o
we could do is go over the fiscal cliff. we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i
. it was a star-studded night. hillary clinton taking this picture with meryl streep. >> you want to win the world series. do you quit, 1-0? no. you keep going. you keep going. do you quit when you're done 1-0 in debates?
go back up, and we think they should go back to the clinton levels, a the a time when the american economy was doing exceptionally well, then there will not be an agreement. >> while geithner was drawing a line in the sand, house speaker john boehner was busy trying to lift his jaw off the flar after geithner presented the president's debt reduction plans to him last week. >> i was just flabbergasted. i looked at him and said you can't be serious. i have just never seen anything like it. >> yes, indeed, it seems that republicans are not quite sure what to make of the president taking a harder line across the bargaining table. >> you know, the president's idea of a negotiation is roll over and do what i ask. >> i think we're going over the cliff. it's pretty clear to me they made a political calculation. the president's plan is just, quite frankly, a joke. >> i'm not sure about that, senator graham, but there will be plenty of time for jokes later this evening with every member of congress invited to the white house for what may be the most awkward holiday party of the year. i want
for a short time. we need to leave in a better shape. thank you. [applause] >> going back to clinton era tax rates on the rich will do less economic damage than other revenue raising options. here is part of a tax reform panel that featured lawrence john podesta.hn p >> thank you. i will turn the stage back to either cook from bloomberg. he will moderate -- to peter cook from bloomberg. he will moderate the discussion. >> we hope to come up with some answers from this esteemed panel. >> [inaudible] >> you heard it here folks. we need to come up with some ideas. thank you, chairman baucus. there are some new faces at the table. again, welcome to all of you. we will go around the table quickly and introduce at least our new faces. we have bill gale from the brookings institution. he has done a lot on tax and fiscal issues. we have lindsay, a former economic advisor for president bush. welcome. john podesta and chief of staff to bill clinton. welcome. john has to leave us a little bit early. i will go to him first when we begin. we also have the co-director of bill. we have will marshal as well
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